I live in GA. Listed my home at $219,900 then reduced to $209,900. Comps with less sq footage in last 6 months are 230k, 240k, 227k. My drive way is a bit steep but not terrible. Pretty much move in ready other than a few fogged windows and a 15 year old roof with no leaks but a little wear. It's under contract at 205k. I am paying 6k in closing to the buyer. Home gets inspected and now the buyer is asking for several fogged windows to be replaced and a new roof. Windows and roof estimated repairs around 7k. I feel like I have already compensated for those things by listing under market and coming off my asking price including closing costs 11k. What would you do? Tell the buyer to take a hike? Meet in the middle? Fix the roof and windows and let the buyer walk but raise the price because of the new roof and windows? Thoughts?
@Dean R. It depends on your personal motivation.... do you need to sell? Can you wait another 6+ months?
Personally I would replace the windows because that is a defect. Depending on how bad I need to sell I might consider putting half of the roof cost in a credit at closing, but if it has years of useful life left in it I do not really see that as a negotiating item.
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